Dec 29, 2012 7:00am EST
leader harry reid and minority leader mcconnell true to cobble together a last-minute plan to avoid the fiscal cliff. president obama saying he is modestly optimistic that they can come up with a plan in time. on friday, president obama met with the four top congressional leaders here at the white house for about an hour. sources close to those talks say that the president gave lawmakers two options, either come up with a plan that can make it through both chambers or put his proposal up for a vote. under the president's plan, the bush-era tax cuts would be extended for those making $250,000 or less with rates allowed to raise on top income earners. it would also extend unemployment insurance benefits. president obama saying the time for action is now. >> the american people are not going to have any patience for a politically self-inflicted wound. ordinary folks, they do their jobs. they meet deadlines. they sit down, and they discuss things and then things happen. if there are disagreements, they sort through the disagreements. the notion that our elected leadership can't do the s
Dec 28, 2012 12:00pm EST
have to have that first vote done in a timely way so that both senator reid and senator mcconnell can leave to have the designated meeting with president obama. mr. cochran: mr. president, let me join with the senator from maryland in commending all senators for the expeditious way we've been able to move this bill but particularly the chairwoman herself, who's provided strong leadership, capable leadership, fairness, a sense of fairness for all senators, and i thank her for the honor of serving with her on this committee. the presiding officer: under the previous order, the senate senatorses can attend the weekly caucus meetings. this morning they approve and extension of the farm intelligence v it allows the government to continue intercepting overseas communication. it extends legal immunity phone companies that help the government wiretap the domestic phone calls. president obama plans to sign the bill. when the senate is back we are expecting senators to continued work on the $60 billion hurricane sandy relief package. negotiations continue on avoiding the so-called fiscal cliff.
Dec 28, 2012 3:00am PST
, reid and mcconnell, along with president obama, who might want to watch this segment. how did you do it in warren county, ohio? >> well, we try to keep it simple. me and two others don't think this government stuff is all that hard. hard is being out of a job and not being able to make your mortgage payment. hard is having a sick child. running a government and living within your means, not hard. so really the folks in washington should try to put aside some of their own petty concerns and say, let's be a statesman. let's step up and try to do what's right for the country. >> eric: how did you do it? did you raise taxes? looks like you have a projected $20 million reserve fund for next year. how? explain how did you it. >> yes. essentially we try -- we're 220,000 person county outside of cincinnati, home of great corporate citizens like procter & gamble and others. we got king's island, western southern tennis tournament is housed in warren county. what we trio do is foster environment where people and businesses want to come to warren county. so we actually have the lowest marginal